Marqeta Marks Down $14M Financing

Marqeta, a commerce and payments platform, has raised $14 million in a round of Series B financing led by existing backers Greylock Partners and Granite Ventures, as well as new investor Commerce Ventures, among others. The California-based company allows consumers to store merchant offers and prepaid balances on a loyalty card, which can be managed online and through mobile apps. Marqeta will use its own new balance to introduce new platform features and expand its national footprint.

View details

News & Analysis

Related content